We wish to inform you that the Board of Directors of the Company has, at its meeting held today i.e. on May 27, 2025, inter alia (i) considered, approved and taken on record the transfer of 7,94,94,085 equity shares of the Company, equivalent to 24.9% of the total paid-up equity share capital of the Company, held by Epsilon Bidco Pte. Ltd. to Indorama Netherlands B.V.; and (ii) considered and approved the appointment of Mr. Aloke Lohia (holding Director Identification Number: 11107239) as an Additional (Non-Executive, Non-Independent) Director of the Company, proposed to be appointed as a Non-Executive Director, liable to retire by rotation, based on the recommendation of its Nomination and Remuneration Committee and subject to the approval of the shareholders of the Company. \r\nThe requisite details are enclosed as Annexure A in the intimation.